In September, Ford halted construction of a $3.5 billion gigafactory meant to produce the batteries to power 2 million electric vehicles a year, explaining that it was reassessing the economics of the plant. As a result, we lowered our assessment of the Marshall, Mich., plant’s likelihood of being built; in our Gigafactory Database, we now list the plant as “uncertain.”
Today we’re adding an important caveat: If we had such a category, we would say the factory now falls between uncertain and unlikely to be completed—on our map, its color would be reddish. I explain why below. Since we don’t have such a category, we’re keeping it at yellow.
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